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via Cointelegraph · By Cointelegraph Staff

Ripple Secures $200M Credit Facility to Expand Institutional Prime Brokerage

XRP

XRP/USDT

$0.9922

-1.35%

$0.9922

-1.35%

(24s)

24h Volume

$349,143,468.71

24h H/L

$1.0058 / $0.9902

Change: $0.0156 (1.58%)

Long/Short

78.5%

Long: 78.5%Short: 21.5%

Funding Rate

-0.0014%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$0.9987

▼ -0.41%

Volume (24h): -

Resistance Levels

Resistance 3$1.0364

Resistance 2$1.0175

Resistance 1$1.003

Price$0.9987

Support 1$0.9869

Support 2$0.8330

Support 3$0.7530

Pivot (PP):$1.003

Trend:Downtrend

RSI (14):35.1

Cointelegraph Staff

(08:12 PM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Ripple has secured a $200 million credit facility from funds managed by Neuberger Berman to expand the lending capacity of its institutional prime brokerage business, highlighting continued demand for financing services in the digital asset market.

The company said Monday that the debt facility will allow its Ripple Prime unit to offer more margin loans and other financing products to hedge funds…

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Cointelegraph Staff · Cointelegraph

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